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RENTA 4 EUROPA ACCIONES, FI

Category
Latest period
H2 2025
Positions
63

Portfolio as of 2025-12-31. Source: periodic filing with the CNMV. View original filing (PDF)

Full portfolio

Every position in the latest periodic filing, largest weight first. Aggregates ("other equities...") are baskets of small positions the filing itself does not break out line by line.

63
Company Type Country Weight Price
ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 7.04%
ACCIONES|SAP SE DE0007164600 · EUR Renta Variable Cotizada DE 3.23%
ACCIONES|Roche Holding AG CH0012032048 · CHF Renta Variable Cotizada CH 3.01%
ACCIONES|ASTRAZENECA PLC GB0009895292 · GBP Renta Variable Cotizada GB 2.90%
ACCIONES|Unilever PLC GB00BVZK7T90 · EUR Renta Variable Cotizada GB 2.81%
ACCIONES|LVMH MOET HENNESSY VUITT FR0000121014 · EUR Renta Variable Cotizada FR 2.12%
ACCIONES|Industria de Diseno Textil SA ES0148396007 · EUR Renta Variable Cotizada ES 2.11%
ACCIONES|MUNICH RE DE0008430026 · EUR Renta Variable Cotizada DE 2.09%
ACCIONES|RENTOKIL INITIAL PLC GB00B082RF11 · GBP Renta Variable Cotizada GB 2.08% 344.20 GBp
ACCIONES|ALLIANZ SE DE0008404005 · EUR Renta Variable Cotizada DE 2.08%
ACCIONES|Novartis AG CH0012005267 · CHF Renta Variable Cotizada CH 2.07%
ACCIONES|PROSUS NV NL0013654783 · EUR Renta Variable Cotizada NL 2.06% 38.30 EUR
ACCIONES|Novo Nordisk A/S DK0062498333 · EUR Renta Variable Cotizada DK 2.06%
ACCIONES|Hermes International FR0000052292 · EUR Renta Variable Cotizada FR 2.01%
ACCIONES|AMADEUS IT GROUP SA ES0109067019 · EUR Renta Variable Cotizada ES 2.00%
ACCIONES|Iberdrola SA ES0144580Y14 · EUR Renta Variable Cotizada ES 1.99%
ACCIONES|Nestle SA CH0038863350 · CHF Renta Variable Cotizada CH 1.98%
ACCIONES|DEUTSCHE BOERSE AG DE0005810055 · EUR Renta Variable Cotizada DE 1.98% 282.90 EUR
ACCIONES|Alcon AG CH0432492467 · CHF Renta Variable Cotizada CH 1.96%
ACCIONES|L´OREAL SA FR0000120321 · EUR Renta Variable Cotizada FR 1.93%
ACCIONES|SYMRISE AG DE000SYM9999 · EUR Renta Variable Cotizada DE 1.92%
ACCIONES|Rheinmetall AG DE0007030009 · EUR Renta Variable Cotizada DE 1.75%
ACCIONES|ESSILORLUXOTTICA FR0000121667 · EUR Renta Variable Cotizada FR 1.74%
ACCIONES|ANHEUSER-BUSCH INBEV SA/ BE0974293251 · EUR Renta Variable Cotizada BE 1.68%
ACCIONES|Siemens AG DE0007236101 · EUR Renta Variable Cotizada DE 1.67%
ACCIONES|Siemens Energy AG DE000ENER6Y0 · EUR Renta Variable Cotizada DE 1.65%
ACCIONES|AIRBUS SE NL0000235190 · EUR Renta Variable Cotizada NL 1.63% 203.70 EUR
ACCIONES|ABB Ltd CH0012221716 · SEK Renta Variable Cotizada CH 1.63%
ACCIONES|SCHNEIDER ELECTRIC SE FR0000121972 · EUR Renta Variable Cotizada FR 1.62%
ACCIONES|SAFRAN SA FR0000073272 · EUR Renta Variable Cotizada FR 1.61%
ACCIONES|ADIDAS AG DE000A1EWWW0 · EUR Renta Variable Cotizada DE 1.60%
ACCIONES|Siemens Healthineers AG DE000SHL1006 · EUR Renta Variable Cotizada DE 1.59%
ACCIONES|ATLAS COPCO AB SE0017486889 · SEK Renta Variable Cotizada SE 1.59%
ACCIONES|Adyen NV NL0012969182 · EUR Renta Variable Cotizada NL 1.55% 1074.00 EUR
ACCIONES|AIR LIQUIDE SA FR0000120073 · EUR Renta Variable Cotizada FR 1.55%
ACCIONES|UNICREDIT SPA IT0005239360 · EUR Renta Variable Cotizada IT 1.10%
ACCIONES|HSBC HOLDINGS PLC GB0005405286 · GBP Renta Variable Cotizada GB 1.10%
ACCIONES|BANCO SANTANDER SA ES0113900J37 · EUR Renta Variable Cotizada ES 1.09%
ACCIONES|Rolls-Royce Holdings PLC GB00B63H8491 · GBP Renta Variable Cotizada GB 1.07% 1502.20 GBp
ACCIONES|Rational AG DE0007010803 · EUR Renta Variable Cotizada DE 1.04%
ACCIONES|BNP PARIBAS FR0000131104 · EUR Renta Variable Cotizada FR 1.04%
ACCIONES|ING GROEP NV NL0011821202 · EUR Renta Variable Cotizada NL 1.04%
ACCIONES|Kone OYJ FI0009013403 · EUR Renta Variable Cotizada FI 1.03% 51.90 EUR
ACCIONES|BAE Systems PLC GB0002634946 · GBP Renta Variable Cotizada GB 1.03%
ACCIONES|Spirax-Sarco Engineering PLC GB00BWFGQN14 · GBP Renta Variable Cotizada GB 1.01%
ACCIONES|THALES SA FR0000121329 · EUR Renta Variable Cotizada FR 1.01%
ACCIONES|DASSAULT SYSTEMES FR0014003TT8 · EUR Renta Variable Cotizada FR 1.00%
ACCIONES|Straumann Holding AG CH1175448666 · CHF Renta Variable Cotizada CH 0.98%
ACCIONES|LafargeHolcim Ltd CH0012214059 · CHF Renta Variable Cotizada CH 0.98%
ACCIONES|Reckitt Benckiser Group PLC GB00B24CGK77 · GBP Renta Variable Cotizada GB 0.97%
ACCIONES|CAPGEMINI SE FR0000125338 · EUR Renta Variable Cotizada FR 0.96%
ACCIONES|Repsol SA ES0173516115 · EUR Renta Variable Cotizada ES 0.93%
ACCIONES|Spotify Technology SA LU1778762911 · USD Renta Variable Cotizada LU 0.93%
ACCIONES|Glencore PLC JE00B4T3BW64 · GBP Renta Variable Cotizada JE 0.62% 596.80 GBp
ACCIONES|Laboratorios Farmaceuticos Rov ES0157261019 · EUR Renta Variable Cotizada ES 0.59%
ACCIONES|EUROFINS SCIENTIFIC SE FR0014000MR3 · EUR Renta Variable Cotizada FR 0.57%
ACCIONES|Allfunds Group Plc GB00BNTJ3546 · EUR Renta Variable Cotizada GB 0.57% 8.95 EUR
ACCIONES|Anglo American PLC GB00BTK05J60 · GBP Renta Variable Cotizada GB 0.55% 4067.00 GBp
ACCIONES|Rio Tinto PLC GB0007188757 · GBP Renta Variable Cotizada GB 0.54%
ACCIONES|Viscofan SA ES0184262212 · EUR Renta Variable Cotizada ES 0.54%
ACCIONES|Universal Music Group NV NL0015000IY2 · EUR Renta Variable Cotizada NL 0.52%
ACCIONES|HEIDELBERG MATERIALS AG DE0006047004 · EUR Renta Variable Cotizada DE 0.50% 159.60 EUR
ACCIONES|Galderma Group AG CH1335392721 · CHF Renta Variable Cotizada CH 0.49%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 24 Exits: 13 Increases: 8 Cuts: 25
+ ACCIONES|Unilever PLC

Enters the portfolio at 2.81% weight.

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+ ACCIONES|MUNICH RE

Enters the portfolio at 2.09% weight.

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+ ACCIONES|ALLIANZ SE

Enters the portfolio at 2.08% weight.

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+ ACCIONES|Iberdrola SA

Enters the portfolio at 1.99% weight.

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+ ACCIONES|Nestle SA

Enters the portfolio at 1.98% weight.

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+ ACCIONES|Rheinmetall AG

Enters the portfolio at 1.75% weight.

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+ ACCIONES|Siemens Energy AG

Enters the portfolio at 1.65% weight.

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+ ACCIONES|ABB Ltd

Enters the portfolio at 1.63% weight.

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+ ACCIONES|SCHNEIDER ELECTRIC SE

Enters the portfolio at 1.62% weight.

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+ ACCIONES|UNICREDIT SPA

Enters the portfolio at 1.10% weight.

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+ ACCIONES|HSBC HOLDINGS PLC

Enters the portfolio at 1.10% weight.

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+ ACCIONES|BANCO SANTANDER SA

Enters the portfolio at 1.09% weight.

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+ ACCIONES|Rolls-Royce Holdings PLC

Enters the portfolio at 1.07% weight.

Rolls-Royce Holdings plc designs and manages mission-critical power systems in the United Kingdom and internationally. The company operates through three segments: Civil Aerospace, Defence, and Power Systems. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services. The Power Systems segment engages in the development, manufacture, marketing, and sale of integrated solutions for onsite power and propulsion under the mtu brand name. Rolls-Royce Holdings plc was founded in 1884 and is headquartered in London, the United Kingdom.

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+ ACCIONES|BNP PARIBAS

Enters the portfolio at 1.04% weight.

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+ ACCIONES|ING GROEP NV

Enters the portfolio at 1.04% weight.

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+ ACCIONES|BAE Systems PLC

Enters the portfolio at 1.03% weight.

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+ ACCIONES|THALES SA

Enters the portfolio at 1.01% weight.

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+ ACCIONES|LafargeHolcim Ltd

Enters the portfolio at 0.98% weight.

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+ ACCIONES|Repsol SA

Enters the portfolio at 0.93% weight.

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+ ACCIONES|Spotify Technology SA

Enters the portfolio at 0.93% weight.

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+ ACCIONES|Allfunds Group Plc

Enters the portfolio at 0.57% weight.

Allfunds Group plc, together with its subsidiaries, operates as a B2B WealthTech company that connects fund houses and distributors in the United Kingdom and internationally. It operates through two segments, Net Platform, and Net Subscription and Other Revenues. The company offers Connect, an Allfunds professional workstation; and Nextportfolio, a portfolio management system; and end-investor platform for wealth management needs of asset managers, banks, wealth managers, and insurance companies. It also provides ESG solutions, such as ESG scoring, reporting, portfolio advisory and construction, audit and certification, analysis, investment proposal generator, reporting generator, and monitoring; model portfolio advisory, bespoke reporting, private assets, audit and certification, fund selection, and regulatory implementation services; and Sustainability Navigator, a tool for constructing sustainable investment portfolios in line with SFDR regulation. In addition, the company offers regulatory reporting corner, a specialized platform to provide fund registration, regulatory reporting, and distribution, as well as generate fund regulatory reporting. Further, it provides investment solutions for Distributors and Fund Houses, including Management Company (ManCo) white label services in connection with the creation and distribution of UCITs funds; White Label Fund Hosting Platform that provides supports mutual funds and ETFs; Allfunds Navigator which provides market insights and identify opportunities; and Allfunds Blockchain solutions. The company serves private bank, insurance, asset management, bank, custodian, and other customers. The company was founded in 2000 and is based in London, the United Kingdom.

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+ ACCIONES|Rio Tinto PLC

Enters the portfolio at 0.54% weight.

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+ ACCIONES|HEIDELBERG MATERIALS AG

Enters the portfolio at 0.50% weight.

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components. It also offers asphalt; and trades in cement, clinker, secondary cementitious materials, solid, alternative fuels, other building materials, and additives. The company was formerly known as HeidelbergCement AG and changed its name to Heidelberg Materials AG in May 2023. Heidelberg Materials AG was founded in 1873 and is headquartered in Heidelberg, Germany.

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+ ACCIONES|Galderma Group AG

Enters the portfolio at 0.49% weight.

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− ACCIONES|Unilever PLC

Leaves the portfolio; it was 3.18% of weight.

− ACCIONES|ASM International NV

Leaves the portfolio; it was 2.00% of weight.

− ACCIONES|SANOFI SA

Leaves the portfolio; it was 2.00% of weight.

− ACCIONES|Epiroc AB

Leaves the portfolio; it was 1.94% of weight.

− ACCIONES|HEINEKEN NV

Leaves the portfolio; it was 1.68% of weight.

Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. The company also provides soft drinks. It sells its products under the Heineken, Heineken 0.0, Heineken Silver, Amstel, Moretti, Tiger, Desperados, Edelweiss, Lagunitas, Orchard Thieves, Windhoek, Dos Equis, Red Stripe, Kingfisher, Bintang, Gosser, Affligem, Mort Subite, Strongbow, Stassen, Bulmers, Old Mout, Savanna, Turbo King, Tecate, Lagunitas Hoppy Refresher, Bia Viet, Tiger Crystal, Birra Moretti, Harar, Cruzcampo, Bernini, Legend Stout, Beavertown, Stëlz, Texels, Ladrón, Bandida, Stibitzer, El Aguila, and Murphy's brands. In addition, the company engages in rental of pubs and bars; wholesale activities; and pub management and technical services. The company offers its products to retailers, wholesalers and distributors, bars, restaurants, clubs, cafes, and hotels. Heineken N.V. was incorporated in 1864 and is headquartered in Amsterdam, the Netherlands. Heineken N.V. is a subsidiary of Heineken Holding N.V.

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− ACCIONES|Kerry Group PLC

Leaves the portfolio; it was 1.55% of weight.

− ACCIONES|TOTAL SE

Leaves the portfolio; it was 1.50% of weight.

− ACCIONES|London Stock Exchange Group PL

Leaves the portfolio; it was 1.27% of weight.

− ACCIONES|BE Semiconductor Industries NV

Leaves the portfolio; it was 1.22% of weight.

− ACCIONES|EURONEXT NV

Leaves the portfolio; it was 1.05% of weight.

− ACCIONES|BUREAU VERITAS SA

Leaves the portfolio; it was 1.00% of weight.

− ACCIONES|Sartorius Stedim Biotech

Leaves the portfolio; it was 0.35% of weight.

− ACCIONES|Amplifon SpA

Leaves the portfolio; it was 0.30% of weight.

▲ ACCIONES|ASML HOLDING NV

Goes from 4.85% to 7.04%.

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▲ ACCIONES|Roche Holding AG

Goes from 1.99% to 3.01%.

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▲ ACCIONES|ASTRAZENECA PLC

Goes from 1.97% to 2.90%.

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▲ ACCIONES|ESSILORLUXOTTICA

Goes from 0.96% to 1.74%.

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▲ ACCIONES|LVMH MOET HENNESSY VUITT

Goes from 1.50% to 2.12%.

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▲ ACCIONES|DEUTSCHE BOERSE AG

Goes from 1.36% to 1.98%.

Deutsche Börse AG operates as an international exchange organization in Germany, rest of Europe, the United States, and the Asia-Pacific. The company operates through four segments: Investment Management Solutions, Trading & Clearing, Fund Services, and Securities Services. The Investment Management Solutions segment offers financial data, analytics, and software-as-a-service solutions including research, data collection, data analysis, and the provision of indices, analytics and investment management software to institutional investors, banks, and corporate clients. The Trading & Clearing segment engages in the development and operation of markets and trading systems for securities, derivatives, commodities, currencies, digital assets, and other asset classes. This segment handles settlement of transactions through clearing houses. Its Fund Services segment provides infrastructure and services for fund processing, including order routing, settlement, custody, data and distribution support for investment funds. The Securities Services segment offers various services for securities issuance, settlement, custody as well as collateral, securities lending, and liquidity management. The company was founded in 1585 and is headquartered in Eschborn, Germany.

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▲ ACCIONES|Reckitt Benckiser Group PLC

Goes from 0.49% to 0.97%.

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▲ ACCIONES|PROSUS NV

Goes from 1.66% to 2.06%.

Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally. It operates internet platforms, such as classifieds, payments and fintech, etail, food delivery, education technology, Etail, ventures, tencent, and other platforms. It also provides online food delivery service. The company was formerly known as Myriad International Holdings N.V. and changed its name to Prosus N.V. Prosus N.V. was incorporated in 1994 and is headquartered in Amsterdam, the Netherlands.

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▼ ACCIONES|Novo Nordisk A/S

Goes from 3.54% to 2.06%.

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▼ ACCIONES|AIR LIQUIDE SA

Goes from 3.02% to 1.55%.

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▼ ACCIONES|EUROFINS SCIENTIFIC SE

Goes from 1.59% to 0.57%.

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▼ ACCIONES|Siemens Healthineers AG

Goes from 2.56% to 1.59%.

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▼ ACCIONES|CAPGEMINI SE

Goes from 1.77% to 0.96%.

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▼ ACCIONES|Spirax-Sarco Engineering PLC

Goes from 1.78% to 1.01%.

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▼ ACCIONES|Rational AG

Goes from 1.78% to 1.04%.

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▼ ACCIONES|SAFRAN SA

Goes from 2.33% to 1.61%.

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▼ ACCIONES|SYMRISE AG

Goes from 2.63% to 1.92%.

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▼ ACCIONES|AIRBUS SE

Goes from 2.32% to 1.63%.

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides uncrewed aerial systems and their related services. The Airbus Defence and Space segment designs, develops, delivers, and supports crewed and uncrewed military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. The company was incorporated in 1998 and is headquartered in Leiden, the Netherlands.

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▼ ACCIONES|ATLAS COPCO AB

Goes from 2.24% to 1.59%.

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▼ ACCIONES|DASSAULT SYSTEMES

Goes from 1.60% to 1.00%.

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▼ ACCIONES|Siemens AG

Goes from 2.26% to 1.67%.

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▼ ACCIONES|Alcon AG

Goes from 2.54% to 1.96%.

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▼ ACCIONES|Adyen NV

Goes from 2.10% to 1.55%.

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. Its platform integrates payments stack, including gateway, risk management, processing, acquiring, and settlement services. The company offers a back-end infrastructure for authorizing. It accepts payment through online, in-person payments, cross channel, and Adyen for Platforms. The company also provides optimization services, including Adyen Uplift, protect, authenticate and tokenize. In addition, it offers financial products, such as accounts, capital, issuing, and payouts. It serves digital, mobility, SaaS platforms, retail, food and beverages, subscription, and travel and hospitality businesses. The company was incorporated in 2006 and is based in Amsterdam, the Netherlands.

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▼ ACCIONES|Kone OYJ

Goes from 1.55% to 1.03%.

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, automatic building doors, and integrated access control solutions, as well as maintenance and modernization solutions. It also offers KONE Office Flow, a modular connected people flow solution that delivers personalized access and enhanced user experiences in workplaces; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators. In addition, the company provides people flow planning and consulting services; solutions for special buildings and large projects; cybersecurity solutions; and energy solutions for greener buildings. It also offers hands-on, immersive training to technicians, engineers, and service professional through a training center in Egypt. KONE Oyj was founded in 1908 and is based in Espoo, Finland.

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▼ ACCIONES|Universal Music Group NV

Goes from 1.03% to 0.52%.

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▼ ACCIONES|Straumann Holding AG

Goes from 1.46% to 0.98%.

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▼ ACCIONES|Viscofan SA

Goes from 1.01% to 0.54%.

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▼ ACCIONES|Laboratorios Farmaceuticos Rov

Goes from 1.05% to 0.59%.

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▼ ACCIONES|SAP SE

Goes from 3.68% to 3.23%.

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▼ ACCIONES|Anglo American PLC

Goes from 1.00% to 0.55%.

Anglo American plc, a mining company, produces copper, iron ore, and crop nutrients in the United Kingdom and internationally. The company operates through the Premium Iron Ore and the Copper segments. It also explores for nickel, diamonds, steelmaking coal, and manganese ore. The company was founded in 1917 and is headquartered in London, the United Kingdom.

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▼ ACCIONES|Glencore PLC

Goes from 1.06% to 0.62%.

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. The company operates in two segments, Marketing Activities and Industrial Activities. It engages in the production and marketing of copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration and production and refining and distribution. The company is also involved in marketing and distributing physical commodities sourced from third party producers to industrial consumers, including the battery, electronic, construction, automotive, steel, energy, and oil industries. In addition, the company provides financing, logistics, and other services to producers and consumers of commodities. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

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▼ ACCIONES|Hermes International

Goes from 2.36% to 2.01%.

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▼ ACCIONES|ANHEUSER-BUSCH INBEV SA/

Goes from 1.90% to 1.68%.

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Disclaimer

This is not financial advice. The portfolio comes from the periodic report the fund files with the CNMV and lags the real close of the period: it is a snapshot of the end of each half-year, not a real-time portfolio.